At 10:27 hours IST - the benchmark Sensex showed smart recovery after initial sell-off, led by support from heavyweights like Infosys, SBI, Reliance Industries, HUL, Bharti Airtel and ICICI Bank.
IIFL is bearish on Triveni Engineering and has recommended sell rating on the stock with a target of Rs 100 in its January 10, 2011 research report.
Orbit Corporation touched an intraday high of Rs 74 and an intraday low of Rs 71.30. At 09:57 hrs the share was quoting at Rs 73.50, down Rs 0.90, or 1.21%. BMC issued stop work notice to the company's Marine Drive tower project for allegedly violating environment norms, reports Hindustan Times.
Piramal Group is close to buying a majority stake in Hind Dorr, reports CNBC-TV18 quoting sources.
Balaji Amines has the potential to undergo a rerating, says Ashish Chugh, Investment Analyst & Author of Hidden Gems.
Housing Development Finance Corporation (HDFC) was the top loser on the Nifty. It touched an intraday high of Rs 683 and an intraday low of Rs 658.20. At 09:34 hrs the share was quoting at Rs 667.85, down Rs 16.05, or 2.35%.
Investing is for grown-ups, especially in 2011. All but the most hard-working and fastidious investors will be punished severely in a year marked by troubling predictions.
To list or not to list... that is the question dividing stock exchange promoters and policymakers over the listing of exchanges in India
Reverse mortgage has so far been a lousy product that senior citizens didn’t want. But that’s about to change.
If you’re looking for an investment that will at least look good, no matter what happens, you know where to go.
Fortis Healthcare is eyeing acquisitions in the Australasia region during 2011, reports Business Line. It touched a 52-week low of Rs 141.50. At 09:30 hrs the share was quoting at Rs 142.65, up Rs 0.65, or 0.46%.
Spanco has bagged order worth Rs 66 crore from Maharashtra State Electricity Distribution, reports CNBC-TV18. It touched an intraday high of Rs 164.80 and an intraday low of Rs 161.35. At 09:25 hrs the share was quoting at Rs 161.40, up Rs 2.35, or 1.48%.
Being a close friend of Tiger Woods has helped India's Arjun Atwal in more ways than he can count out on the course.
Tata Steel is planning to raise up to Rs 7000 crore from the FPO to part finance its expansion, reports The Financial Express. It touched an intraday high of Rs 662.05 and an intraday low of Rs 648.15. At 09:23 hrs the share was quoting at Rs 650.10, down Rs 10.80, or 1.63%.
The rupee is expected to open little changed on Monday tracking firmer Asian peers and mixed regional stocks.
French drugmaker Sanofi Aventis SA said on Sunday it was in discussions with US bid target Genzyme Corp over ways to value a key Genzyme drug, but there was no guarantee an agreement would be reached.
Hindustan Construction Company (HCC) touched an intraday high of Rs 48.10 and an intraday low of Rs 45.65. At 09:18 hrs the share was quoting at Rs 47.60, up Rs 2.30, or 5.08% on the NSE.
The benchmark Nifty started the session on a flat note but as the day progressed it slipped further by 70 points from previous closing value, led by sell-off in capital good, metal, auto, banking, power and healthcare stocks.
Paint, pharma and defence sectors will be getting astrological support, says Satish Gupta of astrostocktips.
Aban Offshore incorporated on dated September 25, 1986. Today Moon is transiting over the 11th house from the natal moon and other planetary combinations are indicating some upside in intraday.
As per astro economics today, real state, fertilizer, railways stocks should be kept under observations.
South based media & entertainment company Midvalley Entertainment's (MVEL) initial public offering (IPO) has opened for subscription today. A price band for Rs 60 crore IPO is set at Rs 64-70/share.
The Indian rupee opened at 45.30 per dollar versus 45.38 Friday.
Money Market Operations as on January 07, 2011
According to a report by Angel Broking, if Nifty trades below 5946 levels for the first half-an-hour of trade then it may correct up to 5842-5779 levels.